The maximum time period beyond which property cannot be transferred is capped by Section 14 of the Transfer of Property Act. This is the most straightforward justification for the rule against perpetuity. If you need lawyer in delhi then, visit;
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The Section 14, Rule against perpetuity under Transfer of Property Act limits the maximum time period beyond which property cannot be transferred. This is the simplest explanation for
rule against perpetuity meaning.
“Starting from the date that the transferor transfers the property + lifetime of the last prior interest holder’s + gestation period of the unborn beneficiary + 18 years”The vesting of the property in the transferee cannot be postponed beyond this limit.
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What is transfer for benefit of unborn person What is part performance in Transfer of Property ActYour Feedback Matters! How was this Answer?
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What is rule against perpetuity under transfer of property act?
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2022-09-02T10:49:08+00:00 2022-09-02T10:49:08+00:00Comment
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